Easy Office
LCI Learning

Depreciation claim procedure

This query is : Resolved 

24 May 2022 Sir,
One of the professional income it returns filed person consturaction for hospital building value rs:1 crore (ground floor for hospital and 1st floor for residential purposes used.
Question:
Assessess depreciation claim procedure on total construction value or hospital used place only allowed.

25 May 2022 Depreciation for hospital used place only allowed.

25 May 2022 Yes, depreciation will be allowed only for the space used for commercial or business purposes that is ground floor.






You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries